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AIG WILL NOMINATE CARLA HILLS, FORMER U.S. TRADE REPRESENTATIVE, AS A DIRECTOR

 NEW YORK, March 29 /PRNewswire/ -- American International Group, Inc. (AIG) Chairman M.R. Greenberg has announced that Carla A. Hills, the U.S. Trade Representative during the Bush Administration, will be nominated for election to the AIG board of directors at the AIG Annual Shareholders' Meeting in May.
 Ambassador Hills recently announced the formation of her own consulting firm to advise business clients on global investment, trade and risk issues. Prior to serving as U.S. Trade Representative from 1989-1992, Mrs. Hills was a partner in prominent law firms in Los Angeles and Washington. She served as Secretary of Housing and Urban Development from 1975-1977, as Assistant Attorney General of the United States (Civil Division) in 1975, Assistant United States Attorney from 1958-1961, and has been a member of numerous corporate, governmental and academic organizations and commissions.
 In announcing Ambassador Hills' nomination, Mr. Greenberg said, "We are delighted that Carla Hills has agreed to serve on the board of directors of AIG. Her distinguished legal and public service career, as well as her commitment to free trade principles and her skill in carrying out President Bush's trade policy, have won her widespread admiration and respect. Mrs. Hills will bring a depth of experience in international economic affairs to our deliberations, and we look forward to the contributions she will make as an AIG Director."
 AIG is the leading U.S.-based international insurance organization and the largest underwriter of commercial and industrial insurance in the United States. Its member companies write property, casualty, marine, life and financial services insurance in approximately 130 countries and jurisdictions, and are engaged in a range of financial services businesses. American International Group, Inc.'s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
 -0- 03/29/93
 /CONTACT: John T. Wooster vice president - communications of AIG, 212-770-3146/
 (AIG)


CO: American International Group, Inc. ST: New York IN: INS SU: PER

AH -- NY078 -- 0596 03/29/93 14:14 EST
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Date:Mar 29, 1993
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